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The Progressive Accountant

Republic Refund Transfers Boomed

RepublicRepublic Bancorp said its refund transfer business boomed in the first quarter March 31 as the dollar volume or tax refunds processed increased by 77 percent over the year-ago quarter. The company's net income was up 28 percent while refund transfer fees rose by 20 percent.

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SurePayroll President Takes New Job

Michael Alter, SurePayrollMichael Alter, long-time president of SurePayroll, has taken a position as CEO of the Tie Bar, which designs, manufactures and markets low-cost men's neckties. Alter, who had been president of SurePayroll since November 2003, took the new job this month.

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Tax Franchise Owner Guilty of Fraud

scales-of-justiceThe owner of a North Carolina tax franchise, whose ability to efile returns was shut down in 2012, has pleaded guilty to tax fraud, healthcare fraud and money laundering in two separate cases in federal court. Claude Arthur Verbal II, formerly of Raleigh, N.C., and now of Miami, faces up to 28 years in prison and $850,000 fines. He has agreed to pay restitution to the Internal Revenue Service and Medicaid.

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The Accounting Top 100 social media leaderboard ranks accounting professionals based on their overall presence, influence, and engagement on social media platforms. Each user’s rank is determined by that user’s Klout Score in addition to a list of custom metrics, and all updated rankings are displayed in new leaderboards generated every two weeks.

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Avalara’s Accounting Top 100 leaderboard (the “Leaderboard”) is assembled using a list of accounting professional users that’s curated by manual entry as well as by Rise.Global's internal Twitter search functionality. We reserve the right to change scoring metrics used for ranking and to exclude anyone from the list, in our sole discretion. The Leaderboard is not an endorsement, recommendation or sponsorship of any of the accounting professionals on the Leaderboard, and we do not make any representation or guarantee of their ability or reliability. Assessments by different methods or based on different information may yield different results. The Leaderboard is only a starting point to gather information about accounting professionals, and you should not rely on it to decide whether to hire an accounting professional.

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